MINNEAPOLIS — (BUSINESS WIRE) — June 5, 2012 —
Stratasys, Inc. (NASDAQ:
SSYS), a leading manufacturer of 3D printers
and production systems for prototyping and manufacturing applications,
today announced that the U.S. Federal Trade Commission and U.S.
Department of Justice Antitrust Division have granted early termination
of the waiting period required under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 (“HSR Act”), as amended, in connection with
Stratasys’ planned combination with Objet Ltd. Accordingly, the
condition to the closing of the transaction with respect to the early
termination or expiration of the applicable waiting periods under the
HSR Act has been satisfied.

As previously announced on April 16, 2012, Stratasys and Objet entered
into a definitive merger agreement under which the companies will
combine in an all-stock transaction with a combined equity value of
approximately $1.4 billion, based upon the closing price of Stratasys’
common stock on April 13, 2012. The closing of the transaction, which is
expected to occur in the third quarter of 2012, is subject to approval
by Stratasys stockholders, registration of the Objet shares issuable to
Stratasys stockholders with the Securities and Exchange Commission,
listing of Objet shares on the NASDAQ Global Select Market, and the
satisfaction of regulatory requirements and other customary closing
conditions.

Cautionary Statement Regarding Forward-Looking Statements

All statements herein that are not historical facts or that include such
words as “expects,” “anticipates,” “projects,” “estimates,” “vision,”
“could,” “potential,” “plan”, “intends”, “desires”, “assume” or
“believes” or similar words constitute forward-looking statements
covered by the safe harbor protection of the Private Securities
Litigation Reform Act of 1995. Except for the historical information
herein, the matters discussed in this news release are forward-looking
statements that involve risks and uncertainties. These include
statements regarding the expected timing and ultimate closing of the
merger with Objet, as well as the financial and operating results of the
combined company after, and the anticipated benefits of, the merger; the
size of the 3D printing market; our objectives for the marketing and
sale of our Dimension® and uPrint® 3D Printers;
our support removal systems; and our Fortus® 3D Production
Systems, particularly for use in direct digital manufacturing (DDM); the
demand for our proprietary consumables; the expansion of our paid parts
service; and our beliefs with respect to the growth in the demand for
our products. Actual results may differ from those expressed or implied
in our forward-looking statements. Such forward-looking statements
involve and are subject to certain risks and uncertainties, which may
cause our actual results to differ materially from those discussed in a
forward-looking statement. Risks and uncertainties that may affect our
business include our ability to penetrate the 3D printing market; the
success of our distribution agreement with HP; our ability to achieve
the growth rates experienced in preceding quarters; our ability to
introduce, produce and market consumable materials, and the market
acceptance of these materials; the impact of competitive products and
pricing; our timely development of new products and materials and market
acceptance of those products and materials; the success of our recent
R&D initiative to expand the DDM capabilities of our core FDM
technology; the success of our RedEye On Demand™and other paid
parts services; our ability to obtain the necessary approvals, including
the affirmative vote of the Stratasys stockholders, and to satisfy the
necessary closing conditions in order to successfully close the merger;
our ability to successfully integrate and market the combined company’s
products; the combined company’s ability to achieve the expected revenue
targets; the combined company’s ability to attract and retain
management; and the combined company’s ability to protect and defend
intellectual property. These statements represent beliefs and
expectations only as of the date they were made. We may elect to update
forward-looking statements, but we expressly disclaim any obligation to
do so, even if our beliefs and expectations change. In addition to the
statements described above, such forward-looking statements are subject
to the risks and uncertainties described more fully in our reports filed
or to be filed with the Securities and Exchange Commission, including
our annual reports on Form 10-K and quarterly reports on Form 10-Q.

Important Information for Investors and Stockholders

In connection with the combination of Objet and Stratasys pursuant to an
Agreement and Plan of Merger (the “Merger”), Objet will file with the
Securities and Exchange Commission (the “SEC”) a registration statement
on Form F-4, which will include a proxy statement/prospectus of
Stratasys and a prospectus of Objet, as well as other relevant materials
in connection with the proposed transaction. Stratasys will concurrently
file the same proxy statement/prospectus with the SEC and will mail it
to Stratasys stockholders for purposes of soliciting proxies for voting
in favor of approving the Merger at a special meeting of Stratasys
stockholders called for the purpose of approving the Merger Agreement
and the Merger. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY
STATEMENT/PROSPECTUS AND OTHER RELEVANT MATERIALS WHEN THEY BECOME
AVAILABLE BECAUSE THESE MATERIALS WILL CONTAIN IMPORTANT INFORMATION
ABOUT STRATASYS, OBJET AND THE PROPOSED TRANSACTION. The proxy
statement/prospectus and other relevant materials (when they become
available) and any other related documents filed with the SEC may be
obtained free of charge on the SEC’s website at
www.sec.gov
or via the Stratasys website at
www.stratasys.com.
Stockholders may also obtain a copy of the SEC filings free of charge
upon written request to Stratasys, Attention: Shane Glenn, Director of
Investor Relations, 7665 Commerce Way, Eden Prairie, Minnesota 55344.